Analytics

Business analytics or BA is the process of systematic analysis of the business data with focus on statistical and business management analysis and reporting. Business analytics is employed by organizations focused on decision making driven by data and facts.

How to Use Excel to Perform Business Scenario Analysis What if scenarios convert Excel spreadsheets from fixed into dynamic business applications and in addition help you make better business decisions. Make use of them to replace values, analyze the outcomes … Continued

Supply Chain Inbound Quality Inspections Quality checks are important throughout any supply chain management – whether to check the quality of suppliers or quality tracking down the assembly process work or else test the quality of completed product before it … Continued

Contribution Margin Analysis Pros and Cons Contribution margin analysis strategy is approach which makes use of contribution margin, the firm’s product revenue minus variable costs – to evaluate the connection among cost, quantity along with their profit mainly because these … Continued

Project Analysis Strategies Whether you’re a single operator, a twelve-individual store or small company having 300 personnel, when the business executes the project, you will require project management system which clarifies the goals and results, from start-up through closeout. The … Continued

Cost Models Primarily based cost model information must be applied in defining the finest product – mix of company and grows new product – mix decision model appropriately. The model created provides the fix for by incorporating capability – linked … Continued

ABC System That team must be chosen and allocated to project full-time. Just about all team associates should be open – minded, educated about organization’s operations and highly regarded. Lean accounting approaches are created lately to supply related and thorough … Continued

Financial and HR Management ERP Software In the past business management approaches used to consider financial management and human resources management as being a support activities and functions. However these days it is clear how businesses can gain competitive advatnage … Continued

Marketing Metrics The business attempts to improve productivity in all functional parts of the business, but to achieve better marketing productivity remains especially important because it gives concrete results – increased sales. The company sets statistical data (also called key … Continued

Manufacturing Cost Accounting Systems Accounting Systems for Manufacturing Companies: Small businesses have many choices in selecting a manufacturing production system. Although some are more appropriate for decision making other are used for outside financial reporting systems – they are being … Continued